Revenue Manager

We are seeking a highly analytical and goal-oriented Revenue Manager to join our team in Novotel Madinah, Saudi Arabia. As a key member of our organization, you will be responsible for developing and implementing strategies to maximize revenue and market share for our hotel properties.

• Develop and execute revenue management strategies to optimize room revenue and occupancy rates
• Conduct regular market analysis and competitor benchmarking to identify trends and opportunities
• Create and maintain pricing structures across various distribution channels
• Generate accurate forecasts and reports to support decision-making processes
• Collaborate closely with sales, marketing, and operations teams to align revenue strategies
• Monitor and analyze key performance indicators (KPIs) to ensure revenue goals are met
• Implement and manage revenue management systems and tools
• Stay updated on industry trends and best practices in revenue management
• Provide training and guidance to team members on revenue management principles
• Develop and maintain strong relationships with online travel agencies and key partners

• Bachelor’s degree in Hospitality Management, Business Administration, or related field
• Minimum of 3-5 years of experience in hotel revenue management
• Strong analytical skills with a proven track record of driving revenue growth
• Proficiency in MS Office suite, particularly Excel for data analysis
• Experience with revenue management systems such as Opera Cloud PMS and IDeaS RMS
• Excellent communication and presentation skills, with the ability to explain complex data clearly
• Strong understanding of pricing strategies and yield management techniques
• Experience with data visualization tools to create impactful reports
• Knowledge of the local hospitality market in Makkah, Saudi Arabia
• Fluency in English; Arabic language skills are a plus
• Demonstrated ability to work efficiently in a fast-paced, detail-oriented environment
• Strong organizational skills and ability to manage multiple priorities
• Team player with a commitment to achieving organizational goals
• Adaptability to changing market conditions and willingness to innovate revenue strategies